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Vera Konsept Gayrimenkul Yatirim Ortakligi AS (IST:VRGYO) Interest Expense : ₺1.16 Mil (TTM As of Mar. 2024)


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What is Vera Konsept Gayrimenkul Yatirim Ortakligi AS Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Vera Konsept Gayrimenkul Yatirim Ortakligi AS's interest expense for the three months ended in Mar. 2024 was ₺ -0.15 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₺1.16 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Vera Konsept Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Mar. 2024 was ₺ -2.85 Mil. Vera Konsept Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Mar. 2024 was ₺ -0.15 Mil. Vera Konsept Gayrimenkul Yatirim Ortakligi AS did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Interest Expense Historical Data

The historical data trend for Vera Konsept Gayrimenkul Yatirim Ortakligi AS's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Interest Expense Chart

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Interest Expense
-0.02 -0.12 -5.59 -0.19

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.50 1.03 0.47 -0.19 -0.15

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1.16 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS  (IST:VRGYO) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Mar. 2024 was ₺-0.15 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₺-2.85 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₺0.00 Mil.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Vera Konsept Gayrimenkul Yatirim Ortakligi AS did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS (IST:VRGYO) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vera Konsept Gayrimenkul Yatirim Ortakligi AS (IST:VRGYO) » Definitions » Interest Expense
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Address
Mevlana Bulv, Yelken Plaza Apt No: 139 A/59, Balgat District, Cankaya, Ankara, TUR
Website
https://www.verakonseptgyo.com.tr
Vera Konsept Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust whose main field of activity is to carry out all kinds of architectural plans and project drawings and construction, contracting works.

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